Topic: Private Capital

Private Capital | Articles

Secondaries 2021 – A Buyers’ Market

What was once a nascent market, Secondaries has become both an innovative tool for general partners to hold onto their best assets, “Crown Jewels”, and a provider of liquidity to a formerly illiquid...
Private Capital | Videos

The Price of Liquidity - Commonfund Coffee Talk

The Price of Liquidity for Perpetual Investors Our third and final Coffee Talk focused on the most important and impactful decision endowments and foundations can make within their strategic asset...
Private Capital | Press Releases

Commonfund Capital Closes its Third Secondaries Fund at its Hard Cap of $675 million | Commonfund Capital Secondary Partners III, L.P.

Wilton, CT, September 21, 2021 – Commonfund Capital today announced the closing of its third secondaries fund, Commonfund Capital Secondary Partners III, L.P., at its hard cap of $675 million. The...
Private Capital | Press Releases

Commonfund Capital Closes 3rd Global Private Equity Fund at $236 Million

Commonfund Capital Global Private Equity Partners III, L.P. Includes Capital Commitments from Pensions, Foundations, Endowments, Insurance Companies and Family Offices Wilton, CT, September 15, 2021...
Private Capital | Press Releases

Commonfund Capital Closes its Third Co-Investment Fund at $160 Million

Commonfund Capital Co-Investment Opportunities III, LP includes Capital Commitments from Foundations, Endowments, and Family Offices
Private Capital | Articles

Venture Investing: Insights into China’s Dynamic Healthcare Industry

Seeking growth and diversification, institutional investors have long included emerging markets exposure in their portfolios. The agenda for Commonfund Forum 2021 included a session dedicated to...
Private Capital | Press Releases

Mark Radville Appointed as Managing Director of Commonfund Capital

Wilton, CT April 6, 2021 - Commonfund Capital, Inc., the private markets subsidiary of Commonfund, announced today the appointment of Mark Radville as Managing Director on the business development...
Private Capital | Insights Blog

Secondary Market Poised for Dramatic Growth

"The secondary market has become a mainstay for investors, both as 1) more investors move into the secondary market and, 2) as a way to manage investors' existing private portfolios. Both sides of...
Private Capital | Press Releases

13th Venture Capital Fund Closes at $625 Million Cap

Commonfund Capital Venture Partners XIII, L.P. includes Capital Commitments from Foundations, Endowments, Pensions and Family Offices Wilton, CT March 18, 2021 – Commonfund Capital today announced...
Private Capital | Insights Blog

Allocating to Illiquid Investments

Stewards of endowments have long been advised that allocating to illiquid investments is critical to achieving long-term returns. Rather than trust conventional wisdom, Commonfund conducted research...
Private Capital | Videos

Commonfund Manager Spotlight | Stellex Capital Management

In celebration of Black History Month, Commonfund Institute Executive Director, George Suttles, and Commonfund Director, Nicole Melwood, interview Ray Whiteman, Managing Partner and co-Founder of...
Private Capital | Insights Blog

The Tech Effect and Direct Venture Growth Investing

The venture growth and late stage venture capital (“VC”) market has matured over the last 10 years, and direct investing has emerged as an attractive strategy for Limited Partners (“LPs”) to...
Private Capital | Insights Blog

2021 Private Markets Investor Sentiment Survey

Institutional investors continue to increase allocations to private strategies. Commonfund Capital’s fourth annual private markets investor sentiment survey shows trends continue despite the pandemic...
Private Capital | Insights Blog

How to Measure Private Equity Investments

Private capital investors use a particular set of quantitative and qualitative measures to assess performance. While the standard benchmarks used for marketable securities are sometimes applied to...
Private Capital | Articles

Secondaries Market During the COVID Pandemic

The COVID-19 pandemic continues to impact the world in unprecedented ways. There is still much uncertainty including about when a vaccine will be ready and how schools reopening in the fall will...
Private Capital | Insights Blog

Seven Ways to Diversify Your Private Equity Portfolio

A strong private capital program requires consistent, diversified investing over time. It is also necessary to have— or obtain externally— resources for research and due diligence before you invest;...
Private Capital | Articles

Private Capital Secondary Market | An Overview

COVID-19 is impacting the world in unprecedented ways. Today, it is estimated approximately 75 percent of the U.S. population or, almost 250 million people, are staying at home. Globally, over 1.5...
Private Capital | Insights Blog

How to Select a Private Equity Manager

Are you are considering investing directly with a private equity manager? If you opt to go direct, you will be tasked with selecting, managing and disposing the assets entirely on your own. It may be...
Private Capital | Videos

Commonfund Manager Spotlight | Ardent Venture Partners

Commonfund Board Member, Michael Warren, interviews Phil Bronner of Ardent Venture Partners.  
Private Capital | Insights Blog

2020 Investor Survey: Private Markets Sentiment

For the third year in a row, Commonfund Capital conducted a year-end annual survey of institutional investors to gauge their sentiment about private market investments. Survey responses totaled 267...
Private Capital | Insights Blog

Integrating ESG into Private Equity Portfolios

Many investors today, particularly nonprofits, are seeking to align their investment portfolio with the mission of their organization. Commonfund is a signatory to the PRI and as part of our...
Private Capital | Articles

Emerging Markets Private Equity — A Focus on China

Commonfund recently hosted a talk on evolving private capital opportunities in emerging markets. Mark Hoeing, Head of Private Equity, moderated the discussion, while Aaron Miller, Head of Venture...
Private Capital | Insights Blog

Commonfund Forum Goes Global

During the week of October 14th, 2019 Commonfund Institute hosted our first Forum outside of the United States in Tokyo, Japan. We were honored to be joined by many leading Japanese institutional...
Private Capital | Insights Blog

Three Considerations for Your Private Equity Structure

This is the third blog in a private capital series based on our guide, “Succeed in Private Capital Investing”.  You can see the previous blog here. Having determined the size of your private capital...
Private Capital | Videos

Commonfund Spotlight: Private Equity Market

Commonfund head of private equity, Mark Hoeing, will discuss views of the private equity market and share research insights into portfolio construction.  
Private Capital | Insights Blog

Building a Private Equity Allocation

Building a private capital allocation that makes a difference to your portfolio takes time and dedication. The first step is deciding to make a meaningful allocation to private capital. Then, to...
Private Capital | Press Releases

Commonfund Capital Appoints Head of Beijing Investment Office

Commonfund Capital Appoints Xiaonan Tian as Associate Director and Head of Beijing Investment Office Wilton, CT June 25, 2019 – Commonfund Capital, the private capital subsidiary of Commonfund,...
Private Capital | Press Releases

Commonfund Capital Closes 2nd Secondaries Fund at $450M

Commitments More than Double Capital Raised for Inaugural Secondaries Fund in 2016 Wilton, CT, May 7, 2019 – Commonfund Capital today announced the closing of its second secondaries fund, Commonfund...
Private Capital | Insights Blog

Private Market Investing vs Public Market Investing, What’s the Big Difference?

The first step of successful private market investing is to learn what private capital is, what its risks and rewards are, and how it differs from public market investing. Private capital provides...
Private Capital | Insights Blog

5 Steps to Success in Private Capital Investing

Investors participate in private equity markets for two main reasons: to pursue increased investment return and to add portfolio diversification. Even well-informed investors who are experienced in...
Private Capital | White Papers

Succeed in Private Capital Investing - A Commonfund Guide

This Commonfund brochure, Succeed in Private Capital Investing, provides the key steps to building and maintaining a well-structured private capital portfolio.
Private Capital | Press Releases

Commonfund Appoints Managing Director for Consultant Relations

Wilton, CT, November 28, 2018 – Commonfund Capital, the private capital subsidiary of Commonfund, announced today that its investment team has expanded with the appointment of Jay Teevan as Managing...
Private Capital | Press Releases

Commonfund Capital Closes 12th Venture Capital Fund at $432M

Commonfund Capital Closes 12th Venture Capital Fund at $432M Wilton, CT, October 5, 2018 – Commonfund Capital today announced the closing of its 12th venture capital fund, Commonfund Capital Venture...
Private Capital | Videos

The Evolution of the Private Equity Secondaries Market

Cari Lodge, head of secondaries at Commonfund Capital, discusses the development of the secondaries market for private equity and opportunities that it offers investors. The Evolution of Private...
Private Capital | Articles

Private Capital: Key to Unlocking Growth in Emerging Markets

After a turbulent period, emerging markets have delivered double-digit returns in recent years. Private investments in emerging markets offer a way to diversify beyond the public markets and, in...
Private Capital | Articles

What’s the Difference? Time-Weighted Return vs. Internal Rate of Return

Investors often ask about the difference between time-weighted return (“TWR”) and internal rate of return (“IRR”). In general, TWR is used by the investment industry to measure the performance of...
Private Capital | Insights Blog

Making the Case for Investing in Natural Resources

The natural resources sector is often characterized as cyclical, as producers and service providers experience underlying exposure to and commensurate volatility of commodities in the oil and gas,...
Private Capital | Insights Blog

Venture Capital - Looking Forward and Upward

Beginning in the second half of 2015, there was growing caution that started to impact pricing and investment activity in early 2016. This valuation cooling period and subsequent shift in mindset...
Private Capital | Articles

Asset Allocation with Private Equity

Reprinted from Volume 17, Number 1, 2016 of The Journal of Investment Consulting by Mark J.P. Anson Private assets such as private equity and venture capital have long been a thorn in the side of...
Private Capital | Articles

Emerging Markets: Balancing Risk and Reward

Investors poured $2 trillion into emerging economies between 2009 and 2014. Then prices for a basket of commodities fell—dragging crude oil down to levels not seen in a decade and dashing investors’...
Private Capital | Articles

Global private equity: what and why

What and Why An article in the previous issue of Insight sought to discern the difference between perception and reality in private equity investing generally, and included a companion article...
Private Capital | Articles

Private Equity: Perception and Reality

For a variety of reasons, some investors believe that private equity may have lost its edge as a key allocation for their portfolios. This perception may overlook reality. A closer examination...
Private Capital | Insights Blog

How Liquid are Private Capital Investments?

In the wake of the Global Financial Crisis, institutional investors were rightfully concerned about the liquidity profiles of their long term portfolios. Although markets have recovered substantially...
Private Capital | Articles

‘What, me? Illiquid?’

Although it has been five years since the collapse of Lehman Brothers—an event that transformed a bad recession into a global financial crisis—the scars of that traumatic episode remain etched in the...